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Mar 15, 2013
03/13
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irs holding $917 million in unclaimed tax refunds. if you forgot to follow a return you could be entitled to part of the money. you must file by april 15th of this year or the money goes back the u.s. treasury for good. many on the list are low income taxpayers not required to file returns but already entitled to a tax refund. >> if you're due a refund there is no penalty. >> file the paper work. >> yi. >> thank you. >> thank you. >> sandhya patel has been looking for rain out there. >> everywhere. >> where is it now? cheryl, dan, yes, rain is in the future but we're going to get you through the weekend with dry weather and changes will come. so you do have a nice dry weekend for st. patrick's day. as you look at live doppler 7 right now you'll notice there is cloud cover. we have mid and high level clouds just streaming overhead but those are not rain clouds. rain holds off until next week. there is a chance of snow looking at heavenly. san francisco, 54 now, san jose, 68. temperatures cooler today, low 50s to mid-70s. you can he clo
irs holding $917 million in unclaimed tax refunds. if you forgot to follow a return you could be entitled to part of the money. you must file by april 15th of this year or the money goes back the u.s. treasury for good. many on the list are low income taxpayers not required to file returns but already entitled to a tax refund. >> if you're due a refund there is no penalty. >> file the paper work. >> yi. >> thank you. >> thank you. >> sandhya patel has been...
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Mar 14, 2013
03/13
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yesterday, senate democrats unveiled a budget plan calling for $1 trillion in new taxes. earlier this week, house republicans showed off their budget which includes more than $4 trillion in spending cuts. the president is expected to unveil his budget plans in april. >> samsung getting ready to fire a direct shot at the new galaxy s4. bertha coombs who i believe is a con na sewer of the electronics. good morning. >> i think now i have two cell phones, the ipad, mac. i use a pc here. i am all over every platform. it is march madness when it comes to the markets. the futures are higher. positive data on retail says. the dow extending the winning streak to nine days, the longest since november of 1996. the dow rising five points. that 14455 ending is another record high, the seventh straight. the nasdaq joined along adding 2 to 3245. samsung firing across the bow directly at apple with a brand new smart foun. set to unveil the galaxy s4. the first major launch. the galaxy s4 giving it a head start against the apple iphone. the s4 has a five-inch screen, making it bigger with
yesterday, senate democrats unveiled a budget plan calling for $1 trillion in new taxes. earlier this week, house republicans showed off their budget which includes more than $4 trillion in spending cuts. the president is expected to unveil his budget plans in april. >> samsung getting ready to fire a direct shot at the new galaxy s4. bertha coombs who i believe is a con na sewer of the electronics. good morning. >> i think now i have two cell phones, the ipad, mac. i use a pc here....
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Mar 15, 2013
03/13
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KICU
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hedge funds want to move offshore, of course for tax purposes. is this a good thing for hedge funds? do they make money this way? is their performance better? > > yeah it's a good thing for a hedge funds, just like it's a good thing for tech companies to hide their money overseas just like apple is doing. apple has all their cash overseas. hedge funds are going to take their profits overseas so they don't have to pay u.s. taxes. > > can we do the pledge of allegiance? but anyway, mr. paulson wants to go to puerto rico, but he should be concerned about the 18% he lost in his gold fund last month. that is his concern, and going there - they still have the dollar in puerto rico - the dollar is what is killing gold, and actually gold is continuing to hold ground even though the dollar has new six- to eight- month highs. so, i think gold is a positive, and he is going to recover from that, not that it matters, because he is worth $11 billion. > here is this week's bonus round question. i am getting a little serious here, and because it is st. patrick'
hedge funds want to move offshore, of course for tax purposes. is this a good thing for hedge funds? do they make money this way? is their performance better? > > yeah it's a good thing for a hedge funds, just like it's a good thing for tech companies to hide their money overseas just like apple is doing. apple has all their cash overseas. hedge funds are going to take their profits overseas so they don't have to pay u.s. taxes. > > can we do the pledge of allegiance? but anyway,...
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Mar 16, 2013
03/13
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CNNW
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retail sales report that shows consumers continued to spend money in february despite higher payroll taxes and gas prices. the policies are keeping interest rates down and making the stock market the best place to go for a return on investments. and samsung's galaxy could be one of the best selling smart phones of the year. it comes with a high resolution crean, and it is lightweight because of the plastic shell. samsung is not giving any details away on the processor or price. the galaxy is expected to hit the shelves in april. >>> and then plunging to the lowest level since 2007, and more buyers jumped back in the market thanks to low interest rates. >>> and then hostess filed for bankruptcy last fall after a baker's strike pushed the company over the edge. >> people were mad about that, couldn't get their tweenkees, right. >>> facebook is using hash tags as well now. >> it took me a while to figure out what the hash tags were used for, and now facebook wants to cash in on it and maybe the stock will go up as well. >> the idea is to get people using facebook longer. you check in and go a
retail sales report that shows consumers continued to spend money in february despite higher payroll taxes and gas prices. the policies are keeping interest rates down and making the stock market the best place to go for a return on investments. and samsung's galaxy could be one of the best selling smart phones of the year. it comes with a high resolution crean, and it is lightweight because of the plastic shell. samsung is not giving any details away on the processor or price. the galaxy is...
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Mar 15, 2013
03/13
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KGO
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money and their main targets are senior citizens. >> you have to pay the tax on the check before the check could be cashed. >> you keep asking for more money, more money. last night i went to bed crying. i don't have no money and the bills are coming. i don't have any oil. i'm freezing here. it's getting cold now. >> you'll have to take care of the final payment, bea. just keep your trust in us now. >> that's heartless. so far the scammers have gotten away with more than a billion dollars if you can believe it. >> always bad, particularly when it comes to the elderly. >>> now sports news this morning. well, we'll know on sunday who is playing whom when march madness starts next week. as for last night's highlights those from espn. >>> and with your "sportscenter" update i'm chris hassel. world baseball classic thriller on thursday night between the united states and the dominican republic. david wright out. no score, eric hosmer drawing the walk with the bases loaded, 1-0, u.s. top second, ramirez ties it up with a solo shot off r.a. dickey. winner secures a spot in the semifinals. l
money and their main targets are senior citizens. >> you have to pay the tax on the check before the check could be cashed. >> you keep asking for more money, more money. last night i went to bed crying. i don't have no money and the bills are coming. i don't have any oil. i'm freezing here. it's getting cold now. >> you'll have to take care of the final payment, bea. just keep your trust in us now. >> that's heartless. so far the scammers have gotten away with more than...
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Mar 18, 2013
03/13
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KQED
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we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that because the president worked awfully hard because of the congressional leadership to reach a grand bargain. we set as a goal as a number of others have to rules the deficit by 4 trillion dollars over the next decade. we made substantial progress. two and-a-half million. we didn't reach a plan then because speaker boehner decided to go to plan b. if we couldn't get to the bargain then i don't know if it's any easier now. it's hard for me to say what has changed from their calculations. but the president is going to try whatever will work and try to be helpful with this process. >> ros
we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that...
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Mar 19, 2013
03/13
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KNTV
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that includes a 9.5% hotel tax for the teams and other employees. the mayor of santa clara says that revenue could be made up for in other ways. >> because the super bowl is an extraordinary event, we're trying to make ourselves competitive in the bid. we want to ensure we put our best foot forward. we have a great partner with the super bowl committee. they will make up all the costs, actual costs, so it won't cost santa clara anything. >> now, in addition to waving that hotel tax for nfl, city leaders are reportedly willing to waive ticket surcharges for the super bowl amounting to about $6 million arnold also give up $4.54 per space parking fee, all in an effort to sweeten the deal and convince nfl to bring the super bowl here to santa clara in 2016. the city council is expected to vote on a final proposal tonight at 6:30. again, an ultimate decision is expected on friday. live in santa clara, monte francis, nbc bay area news. >>> in fremont now police are looking for the suspect who stole tens of thousands of dollars worth of copper wire. invest
that includes a 9.5% hotel tax for the teams and other employees. the mayor of santa clara says that revenue could be made up for in other ways. >> because the super bowl is an extraordinary event, we're trying to make ourselves competitive in the bid. we want to ensure we put our best foot forward. we have a great partner with the super bowl committee. they will make up all the costs, actual costs, so it won't cost santa clara anything. >> now, in addition to waving that hotel tax...
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Mar 14, 2013
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FOXNEWSW
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why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade film studios to relocate to michigan and create long-term economic growth there. roughly $100 million budget that left the great and powerful left michigan taxpayers with a $39.7 million bill while disney went on to post a profit the michigan studio where the film was made missed 3 payments to investors which the state of michigan retirement system has to pay and the state is also on the hook for another 18 million if the michigan motion picture studio is unable to make payments to the bondholders. the fiscal agency for 2010 to 2011 even the most optimistic the subsidy co
why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade...
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Mar 14, 2013
03/13
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FBC
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higher tax bills for everyone. lot of people are saying th the public in general is just getting tired of not shopping. there is only so long you can make do with the close the you have, especially when you have kids. other pockets of weakness? >> well, down big after the bill tonight. investors not repress -- impressed with the report. and maxima the foil handbags, some of the discretionary items of his wealth. some of the bigger retailers are doing so well because they sell gasoline. bigger items are cheaper discounts. the consumer is still looking for this deep discount. by the way, as far as the unemployment level is concerned looking forward to tomorrow. jobless claims expected to come out tomorrow. that number supposed to be 350,000. we are just above of five-year low, so we will be watching that wholesale prices out tomorrow. gasoline is expected to be a big part of that. expected to be up eight tenths of a percent. melissa: like you said, seven record days on the down arrow. what are traders telling you? th
higher tax bills for everyone. lot of people are saying th the public in general is just getting tired of not shopping. there is only so long you can make do with the close the you have, especially when you have kids. other pockets of weakness? >> well, down big after the bill tonight. investors not repress -- impressed with the report. and maxima the foil handbags, some of the discretionary items of his wealth. some of the bigger retailers are doing so well because they sell gasoline....
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Mar 14, 2013
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doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it was not across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicans which is their entitlement, if you will, defense. i think between the two maybe the hope. >> there's got to be hope, extreme grand bargain and they meet in the middle. at the end of the day, president obama has eye on history, and he knows his legacy, he needs to get to deficit reduction. we know not all spending is created equal, some is dreadful, needs to go, cobin is good on waste -- neil: came up with $4 00 billion in defense. >> spend more in america than ten countries in combinedded. neil: america, we need you. >> it's not america's job to be -- neil: really? winston churchill, would be hard because he's dead, but you know what i mean. >> i do, but fundamentally, maybe they can meet in the mi
doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it was not across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicans which is their entitlement, if you will, defense. i think between the two maybe the hope. >>...
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Mar 14, 2013
03/13
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FBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advai i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you hava heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask yo
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advai i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd...
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Mar 21, 2013
03/13
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FBC
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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Mar 19, 2013
03/13
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KNTV
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among them, waiving a city hotel tax for employees and teams. and two ticket surcharges on the super bowl and dropping added parking fees. this will cost santa clara at least $6 million. >> this is a really great effort. we'll be able to highlight everything from the golden gate to silicon valley. and right in the epicenter of it, during the game and before and after the game, will be santa clara. >> reporter: tonight, the city council will hold a special meeting to vote on the resolutions. the mayor says he is confident the council will be supportive. the bidding process is between santa clara and miami. the league will make its final announcement on may 22nd. live in santa clara. >> exciting stuff. >>> it's also a big day for the st. mary's men's basketball team. the gaels, battling for a spot in that big dance during a play-in game. that takes place in dayton, ohio. the gaels taking on middle tennessee at 6:10 our time. the winner, getting an 11th seed in the midwest region. you are all fired up. >> i am. don't bother me at 6:10 tonight. ther
among them, waiving a city hotel tax for employees and teams. and two ticket surcharges on the super bowl and dropping added parking fees. this will cost santa clara at least $6 million. >> this is a really great effort. we'll be able to highlight everything from the golden gate to silicon valley. and right in the epicenter of it, during the game and before and after the game, will be santa clara. >> reporter: tonight, the city council will hold a special meeting to vote on the...
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Mar 18, 2013
03/13
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MSNBCW
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i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an entire campaign going on. it did not happen by accident. >> here's what i want to do. two sound bites from this week, two different visions of the road ahead. let's play that and get some reaction. >> we don't need a new idea. there is an idea. it's called america. and it still works. >> the gop of old has grown stale and moss covered. i don't think we need to name any names, do we? >> one of the things he means i think, senator mccain, or picked a fight with hawks in the republican party. who's the face right now? what does it mean to be a conservative in the party right now? >> i don't think we know. i think t
i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an...
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Mar 14, 2013
03/13
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CNBC
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republicans on wednesday, but apparently made little progress in convincing them to accept his demands for tax increases as part of a deficit deal. the senate budget committee began debating its counterproposal to paul ryan's budget. the sausage making process continues in the u.s. and in europe where the european parliament, get this, has stripped down a budget deal reached by eu leaders last month that called for significant changes. mvps did not change the 960 billion euro spending limit, but pressed for the distribution of funds and a mid year review. the european parliament chair called the move an important step for democracy. >> the parliaments want to be taken as a serious partner. we are prepared to negotiate. this is an offer to the council to compromise and improve the framework. >> now, this comes as european union heads of state are kicking off another two-day summit in brussels today. leaders reportedly making plans to loosen the rules which will allow the companies more time to balance their budgets. julia chatterly is live in brussels. julia, germany made a point ahead of this
republicans on wednesday, but apparently made little progress in convincing them to accept his demands for tax increases as part of a deficit deal. the senate budget committee began debating its counterproposal to paul ryan's budget. the sausage making process continues in the u.s. and in europe where the european parliament, get this, has stripped down a budget deal reached by eu leaders last month that called for significant changes. mvps did not change the 960 billion euro spending limit,...
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Mar 14, 2013
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it's a paper trail that exposes dysfunction and hundreds of tax dollars. >> a series of breakdowns by the city, the faa and the san jose airport, the city manages the airport, federal rules prevent it from cashing in on the airport's success. it's a snapshot of your government at work. or maybe not at work. >> welcome to san jose international airport. >> it's an airport funded by your airfare. your travel dollars, and it's this draft audit, raising questions about where your money went. it's written by the federal aviation administration. it's critical of the city of san jose, and it's funded by your tax dollars. >> what they found was, there were violations of the law. >> gabe bruno is the executive director of the faa whistle blower alliance, and a former high ranking executive in the faa. the draft audit accuses the city of san jose of improperly using airport profits in three different areas. >> one of the red flags that that raises with me is why nobody's really asking questions about this. >> specifically, the audit accuses the city of san jose of unlawfully diverting millions
it's a paper trail that exposes dysfunction and hundreds of tax dollars. >> a series of breakdowns by the city, the faa and the san jose airport, the city manages the airport, federal rules prevent it from cashing in on the airport's success. it's a snapshot of your government at work. or maybe not at work. >> welcome to san jose international airport. >> it's an airport funded by your airfare. your travel dollars, and it's this draft audit, raising questions about where your...
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Mar 17, 2013
03/13
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CNBC
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without imposing that tax. that's a lot. >> aside from the dividends, there's saut other things that have been suggested, that maybe they put a tender back in 2006. microsoft did a massive tender for shares which basically puts a floor in the stock in the meantime. if you think they're fundamentally challenge, which they may be, if they put it, shareholders know they will come back at that level. so that's one reason why this stock may have found an intermediate return. >> in the meantime, we've got to the picture here. dan is bullish, right? he's buying a calendar call spread. it is a little tricky, but this is exactly how it works. this is a strategy where you buy that call and if you finance a purchase you sell it to reduce your costs. so how do you make money? >> well, you want the stock to fall just below the strike of the call that you are short on the first expiration. but above the strike of the call that you are long on the second expiration, so this requires a bit of timing. with that said, what is th
without imposing that tax. that's a lot. >> aside from the dividends, there's saut other things that have been suggested, that maybe they put a tender back in 2006. microsoft did a massive tender for shares which basically puts a floor in the stock in the meantime. if you think they're fundamentally challenge, which they may be, if they put it, shareholders know they will come back at that level. so that's one reason why this stock may have found an intermediate return. >> in the...
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Mar 19, 2013
03/13
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KNTV
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that includes waiving the city's 9.5% hotel tax for nfl employs and the teams, assuming they stay here. he's agreed to suspend ticket surcharges and drop parking fees. this will cost santa clara at least $6 million. but the mayor says not to worry. the super bowl crowds would offset the loss and then some. >> all of the people spending money in our restaurants. all of the people buying souvenirs. there's lots of activities going on here in santa clara during the super bowl. if you saw what happened down in new orleans, you see potential for it. the south bay, as a whole, will benefit from it. but santa clara will be at the center because we have the stadium. >> the battle bits santa clara against miami. and miami, on the other hand, is not agreeing to all the league's concessions. we'll see how that bodes for santa clara. first, we'll see if the city of santa clara goes along with mayor matthews' plan and the costly resolutions. that vote is scheduled for 6:30 tonight. >> it comes down to tonight. the world baseball classic wraps up at at&t park tonight. dominican republic advancing to
that includes waiving the city's 9.5% hotel tax for nfl employs and the teams, assuming they stay here. he's agreed to suspend ticket surcharges and drop parking fees. this will cost santa clara at least $6 million. but the mayor says not to worry. the super bowl crowds would offset the loss and then some. >> all of the people spending money in our restaurants. all of the people buying souvenirs. there's lots of activities going on here in santa clara during the super bowl. if you saw...
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Mar 14, 2013
03/13
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KQEH
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, rising gas prices and delayed tax refund checks, a sentiment echoed by the national retail federation. for "nightly business report," i'm courtney reagan. >> as courtney just mentioned, consumers are spending on housing and garden supplies. coming up, we'll take you behind the scenes of the home depot product walk. it's where companies showcase their hottest home items for this spring. >>> chief executives of some of america's biggest companies are optimistic about the u.s. economy, expecting it to grow more than 2% this year. the business roundtable is out with its latest ceo economic outlook index. it rose to a score of 81 in march. now, that was much higher than the previous reading of 65 back in december. anything above the score of 50 indicates economic expansion. another positive, the survey was taken even before the recent run-up in the stock market. now, 72% of those ceos surveyed expect their company sales to rise in the next six months. 38% plan to boost capital spending in that same period, but only 29% of them hire more workers over the next six months. >>> if you're think
, rising gas prices and delayed tax refund checks, a sentiment echoed by the national retail federation. for "nightly business report," i'm courtney reagan. >> as courtney just mentioned, consumers are spending on housing and garden supplies. coming up, we'll take you behind the scenes of the home depot product walk. it's where companies showcase their hottest home items for this spring. >>> chief executives of some of america's biggest companies are optimistic about...
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Mar 18, 2013
03/13
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CSPAN
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in thete tax systems world. what has changed is the arrival of this chancellor and this government who have put right the mess made by the party opposite. >> order. be the goals when exp blunkett. >> what progress has been made by the high-level panel on the development of priorities for the millennium development goals after 2015. >> i am proud to be leading the united nations high-level panel on what should replace the millennium development goals when they expire in 2015. in my view, we should put the strongest possible emphasis on attempting to banish extreme poverty from the world and that focus on extreme poverty should come first and foremost. i also hope that, in replacing and enhancing the millennium development goals, we can for the first time look at what i call the golden thread of things that help people and countries out of poverty, which includes good government, lack of corruption, the presence of law and order, justice, and the rule of law. those things can make a real difference. blunkett.id >>
in thete tax systems world. what has changed is the arrival of this chancellor and this government who have put right the mess made by the party opposite. >> order. be the goals when exp blunkett. >> what progress has been made by the high-level panel on the development of priorities for the millennium development goals after 2015. >> i am proud to be leading the united nations high-level panel on what should replace the millennium development goals when they expire in 2015....
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Mar 15, 2013
03/13
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KGO
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has $1 billion in unclaimed tax refunds, money owned almost a million taxpayers who never file returns for 2009. april 15 is the deadline. that [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >> los altos, antioch, petaluma and all the bay area this is abc7 news. >> 5:12 on this friday morning. a republican senator changed his mind about same-sex marriage and is the first sitting g.o.p. senator to support the unions. senator portman says the change began two years ago when his son told him he was gay. three was a member of the house of representatives in 1996 and voted in favor of defense of marriage act which defines marriage as between a man and woman and bars federal recognition of same-sex marriage. now, portman says
has $1 billion in unclaimed tax refunds, money owned almost a million taxpayers who never file returns for 2009. april 15 is the deadline. that [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the...
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Mar 18, 2013
03/13
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KPIX
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democrats budget plan would net $1 trillion from cutting tax loopholes. republicans propose overhauling medicare, rolling back healthcare reform and making other cuts. >>> the defense department released the names of five u.s. service members killed when their helicopter went down in afghanistan last monday during a rainstorm. the dead were identified as staff sergeant steven blast of iowa chief officer henderson and captain sarah nut son of maryland. all of them were 27. also killed were 31-year-old staff sergeant mark sealdo of map m the, florida and zackery shannon of florida. the military says there was no enemy activity in the area at the time of the crash. >>> the fear is different. >> ten years since the beginning of the war. how people in that country say life changed. >> and a spectacular sight overseas. the volume can in this case blast that sent lava flying nearly 10,000 feet. >>> and madonna once again making a statement, a comment she made in support of the gay and lesbian community. if you like shrimp then you're going to love sizzler's shri
democrats budget plan would net $1 trillion from cutting tax loopholes. republicans propose overhauling medicare, rolling back healthcare reform and making other cuts. >>> the defense department released the names of five u.s. service members killed when their helicopter went down in afghanistan last monday during a rainstorm. the dead were identified as staff sergeant steven blast of iowa chief officer henderson and captain sarah nut son of maryland. all of them were 27. also killed...
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Mar 16, 2013
03/13
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FBC
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you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-ctury. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting t nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in term
you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective...
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Mar 14, 2013
03/13
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KPIX
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yesterday senate democrats unveiled their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for about 30 minutes while police searched around for the suspect. that boy was taken to a hospital, his injuries described as minor. so far no arrests have been made. >>> the legal battle over two can use martin's beach in san mateo county goes to court today. a gate was put up a few years ago after the beach was sold. the protest today comments days after a lawsuit was filed against the new owners. >>> new this morning, physicists say they are confident they have discovered the so-called god particle. european researchers made the announcement after studying data collected last year from the world's largest a
yesterday senate democrats unveiled their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for...
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Mar 20, 2013
03/13
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KGO
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. >> the additional money generated through proposition 30 which temporarily raises taxes on high earners to help fund public ed oox state lawmaker introduce aid bill closing a loophole alouing out of state players to file california worker compensation clai.s right now, 3,000 retired players never played have worker's comp claims pending in california court claiming they were injured in that state. in case that's is costing state taxpayers millions. >> to a lot of chase bank customers got a big scare when they went online today. >> yes. looked as though all money was gone. >> yes. >> can you imagine? >> yes. >> imagine going on line, seeing your balance is zero. that is what happened to many chase bank customers many of those went online or used smart phone owes co-not see balances. is those who did manage to log on saw a zero balance. chase said it was an internal problem that has been resolved. so your money should show up if looking now. positive news on the housing front. foreclosures dropped in february, down 29% compared to the year before. lowest since the housing crisis started.
. >> the additional money generated through proposition 30 which temporarily raises taxes on high earners to help fund public ed oox state lawmaker introduce aid bill closing a loophole alouing out of state players to file california worker compensation clai.s right now, 3,000 retired players never played have worker's comp claims pending in california court claiming they were injured in that state. in case that's is costing state taxpayers millions. >> to a lot of chase bank...
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Mar 14, 2013
03/13
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KTVU
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yesterday senate democrats unveiled their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for about 30 minutes while police searched around for the suspect. that boy was taken to a hospital, his injuries described as minor. so far no arrests have been made. >>> the legal battle over two can use martin's beach in san mateo county goes to court today. a gate was put up a few years ago after the beach was sold. the protest today comments days after a lawsuit was filed against the new owners. >>> new this morning, physicists say they are confident they have discovered the so-called god particle. european researchers made the announcement after studying data collected last year from the world's largest a
yesterday senate democrats unveiled their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for...
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Mar 14, 2013
03/13
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KICU
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additional tax mayer money will be used. in san jose, alex savage, ktvu channel 2 news. >>> california officials announced a new partnership with the federal government to bring two large solar projects to california. governor jerry brown held a press conference with interior secretary ken salazar. the projects are in riverside county. they'll help california reach itself goal to get a third of its energy from renewable sources from 20/20. >>> one south bay teenager is taking home more from her washington trip. >>> and it feels like an early spring out there with some places in the 80s today. our chief meteorologist, bill martin will let us know about the temperatures. >> you can still watch ktvu newscast. get the app or go to ktvu.com. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! to
additional tax mayer money will be used. in san jose, alex savage, ktvu channel 2 news. >>> california officials announced a new partnership with the federal government to bring two large solar projects to california. governor jerry brown held a press conference with interior secretary ken salazar. the projects are in riverside county. they'll help california reach itself goal to get a third of its energy from renewable sources from 20/20. >>> one south bay teenager is taking...
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Mar 20, 2013
03/13
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KICU
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>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new video. rosemary joins us now with more. >> earlier today, i want to show you right around 4:00 or 5:00, we began to see the light showers on storm tracker 2 and moderate to heavy rains slid around the peninsula. right now it's over the east bay and died down just a little bill. there's still good rain falling is long 880. if i put on the tracker, you can see anywhere from .32 fall an hour. this was along the peninsula and will continue to move east in the next half hour. we've got about a 24 hour win die where we will see off and on rain at times. i'll show you what the expect coming up .
>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new...
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Mar 16, 2013
03/13
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FBC
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some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of the company for the mistakes and/or held accountable by shareholders for those mistakes. the shareholderr ultimately are th owners and the company and came back in place their confidence in the way the company handled it. >> epicure exactly right. what congress is doing is ignoring math because we have interest payments that we have to pay every year, just like you have to pay the interest on your mortgage. we have an interest payment, 250 billion per year. ten years looking at nearly a trillion dollars per year just per. 1 trillion. where will we get that? we ha
some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of...
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Mar 14, 2013
03/13
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KTVU
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it calls for increases in spending and taxes. the democrat's budget would increase tax revenues over a trillion dollars over the next 10 years. >> the american went to the polls in support of. >> republicans introduced a proposal based on spending cuts. >>> president obama nominated a new embassador to libya today, deborah jones. if approved she will fill a post left vacant by u.s. ambassador chris stevens. he was killed in an attack in benghazi september 11 last year. >>> police scheduled a gun buy back program, cash for fire arms events have been popular. this is video from an earlier event. the program is planned for saturday from 10:00 a.m. through 3:00 p.m. at pittsburg city hall. people can receive 50 up to $300 in exchange for guns. >>> up in flames, a explosion and fire after a boat collides with a pipeline in louisiana, the connection this crash has to the bay area. >> looking brighter in california, california has been lagging behind but the sign things are turning around. hello? the words are going this way-there's no
it calls for increases in spending and taxes. the democrat's budget would increase tax revenues over a trillion dollars over the next 10 years. >> the american went to the polls in support of. >> republicans introduced a proposal based on spending cuts. >>> president obama nominated a new embassador to libya today, deborah jones. if approved she will fill a post left vacant by u.s. ambassador chris stevens. he was killed in an attack in benghazi september 11 last year....
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Mar 18, 2013
03/13
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KGO
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what we can do because the postal service doesn't receive federal appropriations, it doesn't receive tax money, and patrick donohue says they never will. >> thank you. happening right now, day one of a week-long experiment open bart, aiming to test whether bicyclists and other passengers can share bart trains during the high commute hours. our news reporter is live at the bart station in oakland. how is it going so far, amy? >> kristen, we have not seen major problems but the debate is raging on. bart is trying to make it more comfortable for everyone, trying to make this work. but bicycle riders say they realize it is crowd asked they worried about tonight saying the evening commute is when it really is jammed up in there. >> bicycles are allowed on bart trains at any hour this week but that does not necessarily mean they welcome. >> they are constantly in the way and they take up two or three chairs. you commute around 5:00, it is not a good idea to have them. it is really crowded. >> officials say they have reconfigured the trains to try and create more space for bicycle riders and wi
what we can do because the postal service doesn't receive federal appropriations, it doesn't receive tax money, and patrick donohue says they never will. >> thank you. happening right now, day one of a week-long experiment open bart, aiming to test whether bicyclists and other passengers can share bart trains during the high commute hours. our news reporter is live at the bart station in oakland. how is it going so far, amy? >> kristen, we have not seen major problems but the debate...
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119
Mar 16, 2013
03/13
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LINKTV
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levied forbe a tax all deposits in cyprus banks. their russian the but the bailout deal in place before the banks reopen on tuesday. -- they are rushing to put the bailout in place. >> following news of the bailout news, lines formed at the atm try to avoid the levy. this affects everyone with a bank account. those with deposits on the island have to pay the levy between 6.75%-9.9%. program, wepecific found it justified in terms of burden sharing to also involved the depositors. in a levy difference but under $100,000. >> germany have long delayed it endorsing the bailout. now, chancellor angela merkel says she has decided. way, the people responsible for this situation are involved, not just taxpayers in other countries. i think it's good we have taken this step. it's a good step that made our approval for the aid of cyprus much easier. >> the cost of the aid package is now much lower than previously expected, only 10 billion euro. lawmakers in each eurozone country have to give a final stamp of approval. >> the newly elected pope
levied forbe a tax all deposits in cyprus banks. their russian the but the bailout deal in place before the banks reopen on tuesday. -- they are rushing to put the bailout in place. >> following news of the bailout news, lines formed at the atm try to avoid the levy. this affects everyone with a bank account. those with deposits on the island have to pay the levy between 6.75%-9.9%. program, wepecific found it justified in terms of burden sharing to also involved the depositors. in a levy...
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Mar 14, 2013
03/13
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FBC
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eye 57
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the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your latest tax return. and in the same turn, you have to predict what your income will be in 2014. in other words, you must provide loads of documentations. and if you or your spouse decide not to take your employer offered insurance, the questions will be plenty. once you have filled out the forms, the red tape is just getting started. at least three major agencies, including the irs, will have to approve your application. they will check your identity and see if you make the income and citizen content citizenship requirements. they are not going to pretty for the actal benefits. that would be
the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your...
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514
Mar 14, 2013
03/13
by
FOXNEWSW
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eye 514
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so if raising taxes is not the answer then of course you have to lower spending and today the mayor said that everyone is going to have to give a little. listen. >> bottom line here is that we must stop fighting each other. we must start to work together and so, i'm happy that now i've got teammates. i've got partners that can help me do some of the things that need to be done in our city. >> reporter: of course, if they can't work it out, detroit would likely have to file for bankruptcy, which that would be the largest u.s. city ever to do so, harris. >> harris: you know, part of what we've watched in that city is their own internal politics and workings keeping them from going forward, in some cases. the city council, i understand is not exactly embracing this plan to go forward. >> no, and the city council had threatened to sue and late today decided against that, but the city council president still called the mayor a quitter for agreeing to this plan. i mean, you think about it, the public unions certainly are not happy because a big part of this restructuring, that 14 billion dolla
so if raising taxes is not the answer then of course you have to lower spending and today the mayor said that everyone is going to have to give a little. listen. >> bottom line here is that we must stop fighting each other. we must start to work together and so, i'm happy that now i've got teammates. i've got partners that can help me do some of the things that need to be done in our city. >> reporter: of course, if they can't work it out, detroit would likely have to file for...
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115
Mar 15, 2013
03/13
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FBC
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the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing director joins me now. thank you for being with us. you're one of the smartest mines read comes to investing in the stocks. i want to start here with atlantic city produce say it is hard to play. >> if you look from a public equity standpoint there is very little exposure. the earnings from caesars, the it's an earnings. otherwise the main gaming companies just don't have a lot of investment, so it is not release an earnings driver for them. gerri: so let's talk about vegas because i think you find that an easier way to get into the marketplace. vegas is still suffe
the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing...
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Mar 19, 2013
03/13
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KNTV
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eye 159
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among them, waiving the city's hotel tax for nfl employees and the teams. suspending ticket surcharges and droped adding parking fees. the concessions add up to millions. it's more than worth it because it will be offset by the income and the publicity. >> the way that we're doing the superer bowl is a great regional effort. we'll be able to highlight everything from the golden gate to silicon valley. >> santa clara city council will hold a special meeting. >>> with little to no rain so far this year, any rain would be big news. >> yes, tonight, a storm is moving in. take a look. on your left, a live look from the south bay. clouds hanging over east san jose. on the right, the bay bridge toll plaza. the roads still dry at this hour, but tomorrow will be a different story. chief meet i don't goologiteo m this story. >> we're tracking a lot of moisture and showing up as rainfall on the radar. we know no reporting sites have tipped over anything more than one hundredth of an inch. expect a few areas of drizzle and also mist. that is pretty much it here for at
among them, waiving the city's hotel tax for nfl employees and the teams. suspending ticket surcharges and droped adding parking fees. the concessions add up to millions. it's more than worth it because it will be offset by the income and the publicity. >> the way that we're doing the superer bowl is a great regional effort. we'll be able to highlight everything from the golden gate to silicon valley. >> santa clara city council will hold a special meeting. >>> with little...
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Mar 14, 2013
03/13
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FBC
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which generally includes more right of center causes as opposed to left-of-center causes like lower taxes. i can tell you, is something fascinating. you don't really see these companies advocating right of center social. cheryl: it is surprising. thank you very much. all right. you will be around tomorrow for the business of adult entertainment. great. >> reporter: i might have a story. i'm not kidding. cheryl: we will take a quick break. when we come back we will be talking about believe it or not film. one man -- i mean, sundance this kind of the premier film festival. could this whole thing go on line eventually? they're not hosting a lot of movies treated by independent film makers on a pay to play platform. we will speak exclusively to the ceo. his business, hollywood business. he's coming up after the break. ♪ investor. yeah, i'm a serious investor but i'm a busy guy. itsed to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine
which generally includes more right of center causes as opposed to left-of-center causes like lower taxes. i can tell you, is something fascinating. you don't really see these companies advocating right of center social. cheryl: it is surprising. thank you very much. all right. you will be around tomorrow for the business of adult entertainment. great. >> reporter: i might have a story. i'm not kidding. cheryl: we will take a quick break. when we come back we will be talking about believe...
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Mar 21, 2013
03/13
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KGO
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. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon fight last year. it's december. after downtown cafes complained food strucks had been eating into their business. there are objections to a coffee truck. they operate in an alley near fremont. the owner declined to talk with us. we know from permits he'd like to move to a more visibility location across the street from star buck autos you ask restaurants that are in this area what is the biggest part of the sfwhis coffee. >> the policy director says it's just the latest in food trucks invading downtown. traik trucks operating on permits from public works department. >> gut
. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon...
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100
Mar 14, 2013
03/13
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FBC
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eye 100
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tax reform, would raising taxes again be helpful to our economy? no one agreed with that. so, really is a focus on getting our spending, for social security and medicare under control, fundamental tax reform. melissa: yeah. i wonder if the other side of the aisle is listening? republicans as well who continue to spend and don't realize the price our children are going to pay. congressman, thanks so much for coming on. we appreciate your time. >> thank you, melissa, so much. melissa: it is an important discussion. it is quantitative. that is why we're continuing it tonight on "money". i was talking about doug holtz-eakin. he will be joining us. he is the former director of the congressional budget office. he testified at the hearing we were just talking about. he is coming on 5:00 p.m. eastern right here on fox business, crunching the reality and the numbers behind the economic growth we're sacrificing in the future by spending all this money now. dennis: yep, can't wait to see that. melissa: yes. dennis: goldman sachs ceo said he developed a new po
tax reform, would raising taxes again be helpful to our economy? no one agreed with that. so, really is a focus on getting our spending, for social security and medicare under control, fundamental tax reform. melissa: yeah. i wonder if the other side of the aisle is listening? republicans as well who continue to spend and don't realize the price our children are going to pay. congressman, thanks so much for coming on. we appreciate your time. >> thank you, melissa, so much. melissa: it is...